Kellyk310

MRVL is the pick-and-shovel nobody brags about owning, but the S&P 500 add forces every index fund to hold it now 😏

is Marvell actually a buy here or just riding the NVDA coattails?? someone explain the moat to me 🙏

every time Jensen says "next trillion dollar company" the stock just goes brrr. is it research or is it vibes at this point 🤷

funny thing about our three local banks all hitting record highs: they still trade at a clear discount to JPMorgan and the US majors on most valuation measures. so are SG banks actually cheap for the dividend you collect, or do they just deserve a lower multiple for slower growth? curious where people land on this 🏦

SIA Engineering doing a US$118M Safran JV, is the post-pandemic MRO recovery finally priced in, or is there still room as airlines keep expanding their fleets?? 🙋

held AVGO into earnings, woke up to minus 15% on a beat 🫠 the market is a machine designed to humble you specifically

STI through 5,100 but look under the hood, the three banks plus Singtel are roughly half the index and they trade well above their ten year average valuations. this is a yield-chasing melt-up more than an earnings boom 🧠 enjoy it but know what is driving it

watched AEM climb from a couple dollars to past S$10 and of course I sold my tiny position way too early 🫠 a 6x on my own home exchange and I still fumbled it. classic me lah

SpaceX IPO June 12 at $1.75 trillion valuation. Morningstar says fair value is closer to $875B. That's buying at 2x fair value on day one. I respect the company enormously. I'm still not paying 2x for it 😅 will watch from the sidelines

AVGO at all-time high of $481 walking into earnings with an 8% implied move on options. Either I wake up tomorrow much happier or much more stressed. No in-between with this stock at these levels 😅 see you on the other side

Looked at MRVL a few weeks ago, thought "networking chips, seems niche." Up 32% in one day after Jensen personally endorsed it at COMPUTEX. I am the definition of knowing the thesis and not acting on it 😅 skill issue (mine, definitely mine)

The default assumption about Anthropic going public was: loss-making AI safety lab, burning through venture capital, asking public markets to fund an indefinite research mission. The S-1 data that's e...

Anthropic IPO incoming. Claude API is already embedded in hundreds of enterprise products, and GIC plus Temasek are both in at billion-dollar scale. If this comes public, it's probably the most consequential tech IPO in a decade 💪

Berkshire Hathaway agreed to acquire Taylor Morrison (TMHC) at USD 72.50 per share in cash, a deal valued at approximately USD 6.8 billion. Taylor Morrison is one of the top five US homebuilders by vo...

Not sure what to fully make of the Berkshire-Taylor Morrison deal. But when Buffett buys something, I just mentally file it under "probably right eventually" and move on 💤

Ngl I underestimated PDD. Everyone said China consumer was weak and growth was slowing. Now trading service income beats ads for the first time ever. Temu plus domestic is a different beast than people give it credit for 🫡

Kling AI going from zero to near USD 500M annualised ARR while nobody was watching. Chinese generative AI is not just catching up, it's monetising at a speed that's genuinely surprising. adding 1024.HK to my watchlist tonight 🧧

USD 6 billion procurement from AWS alone. not a pilot, not a partnership announcement, an actual procurement commitment. cloud data infrastructure is no longer a "nice to have" in the AI stack, it's load-bearing. adding more on open tomorrow 💪

I broke my own rule this week.

Trump posted that the Iran deal was "largely negotiated." Clear directional signal, clean catalyst. I took WTI exposure. Textbook setup, or so I thought. Eighteen hours later: "not fully worked out." Partial snap-back. Position stings.

The rule I repeat constantly: never enter a trade where a single tweet can flip the entire thesis overnight. I know this. I have written about this. I still did it. Sometimes the most expensive lesson is the one you thought you already learned. 😤

Beat estimates and the stock barely moved. Classic. Every time I think I understand this name, the market humbles me 😭

1/ SpaceX just filed for IPO. Ticker: SPCX.

Elon retains 85.1%.

200 million performance-linked B-class shares on top of that.

This is unlike any IPO structure you've seen.

2/ The filing shows over 70% of capital expenditure allocated to AI infrastructure.

SpaceX is no longer a rocket company with a side project.

It's an AI compute + satellite + launch platform. The Starlink-Anthropic compute framing makes much more sense now.

3/ Governance math:

85.1% equity + B-class performance shares = Elon controls every major decision post-listing.

Public shareholders get upside exposure. They don't get a meaningful vote.

Sound familiar? 🤔

4/ Concept stock reads:

RKLB down 8% AH after announcing a USD 3 billion equity raise.

Timing is not coincidental. They're building capacity ahead of SPCX going public.

5/ What I'm tracking: initial valuation ask vs secondary market pricing.

SpaceX was pegged around USD 350 billion in private trades.

If they price above that, the question becomes whether the AI infrastructure thesis justifies a premium to pure-play space comps.

Goldman reportedly the lead underwriter. 👀

S&P 500 closed down 67 basis points Tuesday. The Philly Semi is off nearly 10% over seven sessions. On the surface that's a sector in distress. But look at what happened inside Tuesday's session and the real story is rotation, not collapse.

$Astera Labs(ALAB.US) up 12.6%. $Marvell Tech(MRVL.US) up 4%. $Micron Tech(MU.US) and $Sandisk(SNDK.US) up roughly 3% each. $Qualcomm(QCOM.US) down 4%.

These numbers don't coexist by accident. The market is drawing a hard line between two semiconductor categories: AI infrastructure (interconnect, optics, HBM memory) and legacy cycle exposure (consumer, handset, automotive). Qualcomm sits squarely in the second. ALAB is the purest expression of the first.

ALAB's Q1 revenue was USD 308 million, up 93% year-over-year. They guided USD 360 million next quarter — 17% sequential growth. The 30-year Treasury at 5.197% is putting pressure on high-multiple growth names. ALAB went up 13% anyway. That tells you the market is treating AI infrastructure cash flows as durable enough to hold through the rate environment.

I'm watching whether the optical and interconnect trade extends or gives back after a single-session pop of that magnitude. ALAB's earnings growth rate justifies the attention. The entry discipline after a 13% move requires more patience.

Those views can change at a moment's notice when the market changes.